Lingrid | GOLD complex PULLBACK from RESISTANCE zoneOANDA:XAUUSD is maintaining its structure above a key upward trendline after a higher low formed near support. The market remains technically bullish while staying above this level, with the recent pullback looking corrective rather than impulsive. Buyers may step in for a renewed attempt toward the upper resistance area. Watch for a bullish breakout continuation above 3,326 toward 3,380 if buyers hold the current support line.
📌 Key Levels
Support zone: 3,305.583 (upward trendline and structure base)
Breakout target: 3,380.000 (resistance ceiling of range)
Invalidation level: Below 3,304.696 (would negate bullish setup)
⚠️ Risks
Breakdown below trendline could trigger deeper correction
Price consolidation may reduce momentum short term
Rejection near 3,326 could signal fading bullish strength
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
XAUUSD trade ideas
(XAU/USD) Bearish Trade Setup – Targeting $3,222 with 1:6 Risk/REntry Point: Around 3,409.33 - 3,408.41 USD.
Stop Loss: 3,437.87 USD.
Target (Take Profit): 3,222.53 USD.
Risk/Reward Ratio: Approximately 1:6, which is favorable.
📉 Price Action & Trend Analysis:
A rising wedge (or channel) appears to have formed and broken to the downside — a bearish signal.
The current price at 3,341.47 has broken below a minor support zone (highlighted in purple), indicating bearish momentum.
Price is now approaching the 200 EMA, which is acting as potential dynamic support.
📌 Key Levels Highlighted:
Support Zones: Near 3,347.47 (previous minor support) and 3,222.53 (main target zone).
Resistance Zones: At the entry level and above, near 3,437.87 (Stop Loss zone).
🔄 Indicators:
Moving Averages (Red and Blue Lines): Shorter-term moving average (red) is below the longer-term (blue), indicating downward pressure.
Momentum Shift: The sharp drop suggests a likely continuation of the bearish trend.
XAU/USD) bearish trand analysis Read The ChaptianSMC Trading point update
Technical analysis of XAU/USD (Gold vs. USD) on the 4-hour timeframe suggests a bearish outlook. Here's a breakdown of the key elements:
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Key Levels:
1. Resistance Zone (Upper Yellow Block):
Around 3,450–3,500.
Price was previously rejected from this level, forming a double-top like structure.
2. Rejection Point (Mid-Level Zone):
Near 3,300–3,310.
Price repeatedly failed to break and hold above this zone, indicating strong selling pressure.
3. Support Zone / Demand Block (Lower Yellow Block):
Around 3,100–3,125.
This is the target area, labeled clearly as TARGET POINT: 3,116.501.
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Indicators:
200 EMA:
Currently above the price, suggesting downward momentum.
Acting as a dynamic resistance.
RSI (14):
Around 39, slightly above oversold territory (30).
Indicates bearish pressure but not yet oversold — room for further downside.
The chart suggests that if price breaks below the mid-level support, we could expect a move towards the support block around 3,116.
The bearish wave projection drawn in the chart confirms the trader’s expectation of a drop.
The setup appears to be a break-and-retest of the mid-zone, followed by continuation downward.
Mr SMC Trading point
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Trading Idea Summary:
Bias: Bearish
Entry Trigger: Break below ~3,225–3,230 with confirmation
Target: ~3,116
Invalidation/Stop: Close above 3,300–3,310 (rejection zone)
Pales support boost 🚀 analysis follow)
Gold Bears Aim for 3200 – Selling Rallies Remains the PlayIn my Friday analysis, I highlighted the potential for Gold to retest the 3270 support zone, and indeed, the Asian session and the opening of the new trading week confirmed this move, pushing Gold down to a low of 3255.
The overall chart structure remains strongly bearish following the false breakout above the 3370 resistance and the spike above 3400. This suggests that sellers are firmly in control, with a high probability of further downside.
I expect a break below 3270 support in the coming sessions, targeting the 3200 zone as the next major level for bears.
For now, the strategy remains clear:
Sell rallies as long as 3350 resistance remains intact. 🚀
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
GOLD DAILY CHART ROUTE MAP UPDATEHey Everyone,
This daily chart idea played out exactly as analysed. The channel top provided strong resistance, with EMA5 failing to cross and lock outside the channel confirming the rejection.
Price then moved down to the channel half line, which, as we anticipated, held firmly as support and delivered the expected bounce. This move aligned perfectly with our plan to buy dips, demonstrating once again the precision of the Goldturn channel methodology.
This is the beauty of our Goldturn channels, drawn using weighted averages instead of pure price action. This unique approach helps us clearly identify fake-outs and real breakouts, cutting out much of the noise that usually confuses traders.
We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead.
Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Gold Bulls Are Loading — Don’t Miss the Fair Value Launch Zone🔍 XAUUSD 30M | Smart Money Breakdown
Gold just gave a liquidation + FVG bounce setup with a high-probability bullish reaction.
Let’s break it down like a sniper 🧠👇
🔻 1. Falling Channel Structure
Gold’s been grinding down in a neat descending channel, consistently taking out liquidity beneath swing lows.
This compression usually ends in aggressive expansion — and Smart Money knows it.
🔁 2. FVG Reclaim = Institutional Entry Zone
The chart shows a Fair Value Gap (FVG) perfectly respected around $3,226 – $3,236.
Price dipped into this imbalance and is now reacting — textbook Smart Money entry.
You're seeing clear demand stepping in after a sell-side liquidity sweep.
📈 3. Target = Upper Channel + Imbalance Fill
If momentum holds, Gold likely reaches for the upper channel resistance and fills the imbalance zone up to ~$3,280+.
That’s your primary draw on liquidity.
🎯 4. Trade Plan (RR ~3:1)
📍 Entry: Around FVG zone ($3,226–$3,236)
❌ Stop-Loss: Below the FVG zone
✅ TP: $3,280 (upper channel tap)
Smart Money is entering early while retail waits for confirmation breakouts 👀
🧩 Key Confluences:
✅ Falling Channel
✅ Fair Value Gap Tap
✅ Bullish Engulfing Response
✅ Clean RRR Setup
✅ Liquidity Sweep Prior to Entry
📊 Summary:
This setup screams Smart Money Accumulation. Gold hunts the lows, reclaims the imbalance, and is now gearing up for a bullish run. The reaction off the FVG is your golden ticket.
Let price work — don’t chase, just manage risk like a pro.
💬 Comment “💰 XAU Sniper Setup” if you caught this one early!
⚔️ Follow @ChartNinjas88 for elite Smart Money plays.
👀 Tag a trader still shorting this range 😅
Bullish Inflation Data Fuels Gold Rebound — Impulsive Waves!?Gold ( OANDA:XAUUSD ) started to fall from the Resistance zone($3,280-$3,245) as I expected in the previous idea , but 50_SMA(Daily) and Support lines were able to hold Gold .
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Today, key U.S. economic data was released:
Core PPI m/m: -0.4% (vs. 0.3% forecast)
Core Retail Sales m/m: 0.1% (vs. 0.3% expected)
PPI m/m: -0.5% (vs. 0.2% forecast)
Retail Sales m/m: 0.1% (in line)
Unemployment Claims: 229K (as expected)
Outlook :
The weaker-than-expected inflation data, especially the PPI figures, indicate easing inflationary pressures. This may increase expectations for potential Fed rate cuts, which generally supports gold as a non-yielding asset.
Conclusion :
Today’s data is overall bullish for gold. Watch for continued upside if sentiment shifts further toward dovish Fed expectations. However, keep an eye on upcoming Fed commentary for confirmation.
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Gold is moving above the Heavy Support zone($3,200-$3,136) and has managed to break the Resistance lines .
In terms of Elliott Wave theory , Gold seems to have completed the corrective waves , and we can expect the start of an impulsive wave . Breaking the Resistance zone($3,280-$3,245) can be a good sign for the start of an impulsive wave and a gold pump .
I expect Gold to start rising again after a pullback to the Resistance lines(broken) , probably from the Fibonacci Levels inside the chart , and attack the Resistance zone($3,280-$3,245) .
Note: If Gold touches $3,154 , we can expect more dumps.
Gold Analyze ( XAUUSD ), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GOLD - Price can continue to decline to support levelHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
A few days ago price reached $3075 level, broke it, and then rose a little, but soon turned around and made correction movement.
Next, price entered to triangle, where it reached support line, at once, and then made an upward impulse.
Price broke $3075 level and soon reached and broke too $3290 level, after which Gold rose to resistance line.
After this, price turned around and corrected $3290 level, but then it came back to resistance line.
But recently, Gold dropped to support line of triangle, breaking $3290 level and making a gap, after which it exited from triangle.
Now I think XAU can make a retest, after exiting, and then continue to decline to $3075 support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
#XAUUSD: Gold to continue rising,$4000 by end of the year targetGold has unexpectedly declined to 3335 in response to the anticipated price increase following the unfolding conflict in Asia. Currently, two regions exhibit price reversals.
The XAUUSD price is progressing in accordance with our previous analysis. Both analyses have successfully reached the take-profit target, and we anticipate further bullish momentum in the near future. However, price movement is subject to potential reversals in two areas. Both targets are long-term oriented, indicating potential swing moves that may take time to complete. Stop-loss, intraday target, and position decisions should be based on individual analysis and overall market assessment. Strong fundamentals are essential for price to reach the designated target area.
We acknowledge our bias in this analysis, but it does not guarantee the realisation of the described outcome.
Upon trade activation, you can establish two targets. You have the flexibility to select your own take-profit based on your analysis and trade management strategies.
We appreciate your unwavering support.
For those who wish to contribute, we offer several avenues for assistance:
- Liking our ideas
- Commenting on our ideas
- Sharing our ideas
Thank you for your continued support.
If you feel inclined, we would be grateful for your generosity.
Best regards,
Team Setupsfx_❤️🚀
Gold Market Update: Bears will target 3150 USD🏆 Gold Market Mid-Term Update
📉 Gold Drops: Prices dip as risk appetite grows and profit-taking kicks in.
🤝 U.S.-China Deal: 90-day tariff pause boosts USD, pressures gold.
📊 Tech Watch: Key support levels eyed by traders for entry points.
🔮 EUROTLX:4K Forecast?: Analysts still see path to $4,000 amid uncertainty.
⚠️ Recession Signal: Oil-gold gap hints at slowdown—bullish for gold.
🏠 Investment Shift: Gold now 2nd-best long-term U.S. investment (after real estate).
🌍 BRICS Buying: Emerging nations hoard gold to ditch dollar.
🛡️ $3,200 Holds: Gold maintains key support despite volatility.
📈 JP Morgan Bullish: EUROTLX:4K gold possible even with growth.
💰 Live Price: Gold at $3,253.40 (+0.52%) today.
📊 Technical Outlook Update
🏆 Bull Market Overview
▪️pullback in progress still
▪️3300 USD cleared by the BEARS
▪️market gapped down at open
▪️3300 is heavy resistance for now
▪️Compression on lower timeframes
▪️Flag on Flag Bearish pattern
▪️short-term expecting more losses
⭐️Recommended strategy
▪️Short Sell Rips/Rallies
▪️TP Bears 3150 USD
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Today's update mentioned we would stick with the plan as the bias level was working well and we said we'll stick with the targets until further notice. For the week, you can see we got the move from the red box into the lower level we wanted, then the bounce, then the rejection from the red box and the bias level targets were ticked off one by one. Has it been easy? No! Has it been worth the wait, YES! We said be careful of the range, wait for the breakout and then we'll get in, those that waited managed to capture the trade. A couple which were shared with the wider community.
Now we've added our lower red boxes with resistance standing at the 3230 region which if attacked first and rejected can give us the continuation downside. Ideally, we want one of these levels below on the boxes to hold, and the capture the scalp upside. Lots of news tomorrow, so guaranteed to be more whipsawing and choppy price action.
Unless we give you immediate level 50-80pips distance which are guaranteed to be hit, it's a hard task to give you the extreme levels and movement like we do, so please make sure your risk models are up to scratch if you're following.
KOG’s Bias of the day:
Bullish above 3240 with targets above 3258✅ and above that 3265✅
Bearish on break of 3240 with target below 3230✅ and below that 3210✅
RED BOXES:
Break above 3265 for 3272, 3275, 3288 and 3006 in extension of the move
Break below 3250 for 3235✅, 3230✅, 3226✅ and 3207✅ in extension of the move
KOG’s bias of the week:
Bullish above 3310 with targets above 3335, 3345, 3350, 3350, 3362 and 3370
Bearish below 3310 with targets below 3306✅, 3301✅, 3297✅, 3285✅ and 3274✅
RED BOXES (TAKE NOTE)
Break above 3335 for 3342, 3350, 3354, 3365, 3370. 3373 and 3385 in extension of the move
Break below 3320 for 3310✅, 3306✅, 3298✅, 3293✅, 3285✅ and 3279✅ in extension of the move
As always, trade safe.
KOG
TEH KOG REPORT - UpdateEnd of day update from us here at KOG:
We managed to get the move down with a slight stretch, waited for the red boxes to confirm and then level after level after level and TPs galore! We've hit the level we wanted in yesterday's idea and as you can see, price still has that vavavoom in it so lets see if they attack that 3235 region and if we get a RIP
Support here is 3210 and below that 3195
As always, trade safe.
KOG
XAUUSD Daily Sniper Plan – Monday, May 12, 2025“Structure First. Noise Later. Gold Moves Clean When You Do.” ⚖️🧠
Intraday Bias: Bullish, short-term recovery inside broader pullback
Structure: CHoCH confirmed at 3284 → market forming higher low structure
🔍 H1 Market Flow Overview:
Price broke structure above 3284–3292, forming a clean CHoCH on H1.
Since then, price impulsively pushed toward 3340, pausing around 3314–3318.
EMAs (5/21/50) are starting to align bullish, with EMA5 now crossing above 21.
Volume compression + wicks suggest potential accumulation in the 3314–3318 zone.
📌 Key H1 Zones (Above & Below Price)
🔺 Resistance Zones
Zone Description
3340–3345 Friday’s high + intraday liquidity trap zone
3380–3395 Strong H1/Daily confluence resistance (OB + FVG)
🔻 Support Zones
Zone Description
3314–3318 🔵 Micro liquidity pocket + HL accumulation zone – potential inducement/reentry base
3284–3292 🔵 CHoCH base – must hold for bullish structure to continue
3260–3265 🔵 Deep intraday OB + liquidity sweep zone
3220–3235 🔵 Major HTF demand – structural last line of defense
🔁 Scenarios for Monday (May 12):
🟢 Bullish Setup:
If price holds above 3314–3318, we may see a reattempt toward 3340, then potentially push into 3380–3395.
Retest of 3314 zone could serve as HL confirmation before breakout.
🔴 Bearish Setup:
If 3314 fails and price closes below 3284, this invalidates current bullish micro-structure.
In that case, we target 3260 or even 3235 depending on momentum.
Rejection from 3340 or 3380 without BOS → short toward 3284 or 3250
Clean break below 3284 flips LTF bearish
🎯 Sniper Logic:
Gold is trapped in a battle between Friday’s high and the CHoCH base.
The true breakout will come once either 3345 is reclaimed clean, or 3284 fails hard.
Until then, play inside structure — sniper entries only.
💬 Final Words:
Gold doesn’t bluff — but it does bait and trap.
Mark your zones, wait for confirmation, and let the impulsive ones get hunted.
Gold doesn’t care about your bias — only about the zones that hold.
If 3284 stays protected, bulls might reload. If it cracks, fade the optimism and follow the flow down.
🟡 Stay smart. Stay patient. And remember: clean structure = clean profit.
✨ Drop your thoughts in the comments, smash that like, and follow GoldFxMinds for sniper-level clarity every session.
GOLD ROUTE MAP UPDATEHey Everyone,
Great finish to the week with our chart idea playing out, as analysed.
After completing our Bullish targets 3282, 3343 and 3404 yesterday; we stated that no further cross and lock above 3404 confirmed the rejection and that price will find support at lower Goldturns for the bounces.
- This played out perfectly inline with our plans to buy dips. Price found support at 3282 Goldturn and gave the weighted bounce just like we analysed.
BULLISH TARGET
3282 - DONE
EMA5 CROSS AND LOCK ABOVE 3282 WILL OPEN THE FOLLOWING BULLISH TARGET
3343 - DONE
EMA5 CROSS AND LOCK ABOVE 3343 WILL OPEN THE FOLLOWING BULLISH TARGET
3404 - DONE
We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead.
Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
(XAU/USD) Buy Trade Setup – Entry, Target & Risk Management PlaEntry Point:
3,140.34 USD
This is the suggested level to enter a long (buy) trade.
Stop Loss (SL):
3,121.66 USD
A protective level to limit losses if the trade goes against the setup.
Target Point (Take Profit - TP):
3,251.33 USD
This is the EA target point — where profits are expected to be taken.
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3. Risk/Reward Ratio:
Risk: From 3,140.34 to 3,121.66 = 18.68 points
Reward: From 3,140.34 to 3,251.33 = 110.99 points
Risk/Reward Ratio ≈ 1:6, which is very favorable.
4. Resistance Point:
Around 3,222.45 - 3,227.27
This area might act as a challenge for price movement, potentially leading to temporary retracements.
5. Indicators:
Moving Averages: Red (shorter period) and Blue (longer period) lines help indicate trends.
The price is moving above the short-term MA but currently under the long-term MA, which might suggest a short-term bullish move within a broader downtrend or sideways range.
Conclusion:
This is a bullish setup, anticipating a reversal or continuation to the upside after a pullback:
Buy Zone: 3,140.34
Stop Loss: 3,121.66
Take Profit: 3,251.33
If the price drops to the entry point zone
HelenP. I Gold will rebound from trend line to resistance zoneHi folks today I'm prepared for you Gold analytics. After an aggressive rally from the support zone, the price has been consolidating just below the resistance area. What’s important now is how price behaves around the trend line, which has acted as dynamic support since early April. The most recent pullback landed exactly on this line, where buyers quickly reacted, forming a higher low. This move suggests that the bullish structure remains intact and buyers are defending their positions. The market is currently hovering near 3325, but with momentum slowly building and no major bearish breakdowns, it’s reasonable to anticipate another push higher. The resistance zone between 3405 and 3435 is the next key area, and it aligns with the top of the recent impulse move. If XAUUSD holds above the trend line and breaks through the 3405 level, we could see a continuation toward 3435, my current goal. Overall, the market shows a steady uptrend, supported by rising lows and a strong reaction at the trend line. Until this structure is broken, I remain bullish. If you like my analytics you may support me with your like/comment ❤️
AJA's Gold view This weekRight after gold hit it's all time high. ATH. Viewing from the daily timeframe, it created an inducement, which we've been waiting for, for a while now.
We've our inducement at 3,201. Right where my alert is set at. Hoping it takes it down to our breaker block right at 3,164 and 3144, where the buys can start coming in.
Major trend for gold is still Bullish, so we only wait for this correction to be over. Hopefully, with time, giving us a new all time time. ATH
Do comment what you think. Thank you.
Tariff War Easing Signals: Gold Trend Analysis for Next WeekSince the issue of tariffs broke out, the development of the situation has not been in line with the expectations of the US government. In the face of the escalating trade frictions, the senior officials of the United States have released signals of easing through multiple channels and repeatedly expressed their willingness to hold negotiations with China on issues such as tariffs. After a prudent assessment, China, proceeding from the overall situation of maintaining the stability of bilateral economic and trade relations and promoting the healthy development of the global economy, has decided to engage with the United States.
In fact, there are no real winners in the ongoing standoff of the tariff war. As the world's two largest economies, only by reaching a relatively appropriate solution through negotiation can the fundamental interests of both China and the United States be met. This positive development is bound to significantly reduce the market's risk aversion sentiment. As a traditional safe-haven asset, the price of gold will also be under downward pressure accordingly.
From the perspective of technical analysis, the weekly chart of gold shows that although there was a strong upward pull at the beginning of this week, the daily chart has formed a "big yang front resistance line" pattern. This classic technical pattern indicates that the bullish momentum is close to exhaustion, and the subsequent downside risks have intensified. It is expected that the price of gold will further decline next week. The first support level should be focused on around $3,270. If this level is broken, the price of gold may continue to decline and seek support at the $3,200 level. Investors need to closely monitor the progress of the China-US negotiations and the dynamics of the gold market and adjust their investment strategies rationally.
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
Gold Market Update: Bulls Still in Control?Gold Market Update: Bulls Still in Control?
Gold has been volatile, requiring close attention. Following our previous analysis, gold declined from its last bearish pattern, dropping from 3230 to 3120.
However, yesterday it rebounded sharply, surging from 3120 to 3251 despite the absence of any news—an indication that bullish momentum remains strong.
The predominant trend is solid, but heavy manipulation and the substantial holdings by central banks and hedge funds continue to prevent a deeper decline.
The chances remain high that this movement is part of a bearish correction. While it may look unstable, but another rise could still be possible.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Gold’s Make-or-Break Level: $3167 Is the Key to the Next MoveGold Spot is sitting at a critical inflection point — and if you’ve been watching the charts, you know exactly where the pressure is building: the $3167 zone.
This level has acted as a mid-term support floor, cushioning gold’s recent corrections and providing bulls with a lifeline. But that cushion is now getting thinner, and if price action breaks below this area decisively, the implications could be sharply bearish.
👀Why $3167 Matters👀
Take a look at the recent structure. Every bounce, every bullish attempt in the past week, has leaned on $3167. It's not just some random line — it’s where buyers have consistently stepped in to defend.
But now? The bounces are getting weaker. Volume’s fading. And price is consolidating right above support — never a good sign.
If gold breaks $3167 and closes below it, expect an acceleration to the downside. Momentum traders will likely pile in, and we could see a quick slide into the $3075–3052 zone, where the next real demand sits.
✨What I’m Watching✨
A clean hourly candle close below $3167 — ideally with follow-through volume.
Any retest of $3167 after a breakdown could offer a textbook entry for shorts.
🎁The Bearish Scenario
If the break happens, I’ll be targeting $3052 for the first bounce. That’s where previous accumulation kicked in — and it lines up with a cluster of reaction lows from late April. It’s also a psychological round number and a potential spot for intraday reversal plays.
GOLD: Multi-Time Frame Analysis – Two Possible ScenariosGOLD: Multi-Time Frame Analysis – Two Possible Scenarios
In this video, I break down the potential movements of GOLD following the trade agreement between the US and China.
Meanwhile, the ceasefire between Iran and Pakistan has helped ease geopolitical tensions, but uncertainty remains high.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
HelenP. I Gold can decline to trend line and then start to growHi folks today I'm prepared for you Gold analytics. If we look at the chart, we can see how the price after several failed attempts holds in a support zone. The structure of this correction has formed beneath the previously broken trend line, and the price is now approaching it from above. What’s important is that buyers previously stepped in around this level, forming a bounce that allowed the market to reach toward the resistance zone near 3350. This area still remains unbroken, making it a magnet for future bullish targets. Currently, price action shows signs of local weakness, but the broader context favors a potential rebound. The confluence between the horizontal support zone and the descending trend line adds extra technical weight to this level. If price can stabilize here, I expect a retest of 3205, and a potential breakout above it could open the way toward my goal at 3260. This scenario assumes continued respect of the trend line as dynamic support. A clean bounce from it would signal renewed bullish interest, especially if backed by momentum on lower timeframes. If you like my analytics you may support me with your like/comment ❤️
XAU/USD..1h chart pattern..**short trade on gold (XAU/USD) from 3272 with a target of 3200**—a **75-point drop**. Let’s break this down:
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### **Trade Analysis: Sell Gold @ 3275 → Target 3200**
1. **Potential Profit**:
- **72 points** (3272 – 3200).
- If trading 1 lot (100 oz), this is **$720 profit**.
2. **Key Levels**:
- **Entry**: 3275
- **Target**: 3200 (support level)
- **Stop-Loss (SL)**: Should be above a recent swing high (e.g., 3300–3320).
3. **Risk-Reward Ratio**:
- If SL = 3320 (48 points risk), Reward = 72 points → **1:1.5 ratio** (acceptable).
4. **Technical Justification**:
- **Bearish Scenario**: Gold fails to break 3300 resistance, pulls back to 3200.
- **Support at 3200**: A break below could lead to 3150 or lower.
- **Confirmation Needed**: Look for rejection at 3272 (bearish candlestick patterns, RSI divergence).
5. **Fundamental Factors**:
- **Strong USD** → Gold weakens.
- **Fed Hawkishness** (rate hikes) → Negative for gold.
- **Geopolitical Calm** → Less safe-haven demand.
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### **Trade Execution Plan**
- **Entry**: Sell at **3275** (or wait for rejection confirmation).
- **Stop-Loss**: **3300–3320** (adjust based on volatility).
- **Take Profit**: **3200** (first target), then trail if momentum continues.
- **Alternative**: Partial profit at 3225, move SL to breakeven.
---
### **Caution**
- Gold is volatile—unexpected news (war, Fed pivot) could spike prices.
- If 3200 holds as support, consider closing the trade or tightening stops.
Would you like a chart reference or an update on current gold trends? 🚀